Diamond Resorts lying? – Certainly not
An all too common sad tale came to our attention recently. A former timeshare owner with Diamond Resorts Europe decided in 2014 that enough was enough. The maintenance fee for the timeshare owned, originally purchased with Grand Vacation Club in 2002 which then morphed into Sunterra and then into Diamond Resorts had risen from £395 […]
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The rising cost of living –What gives?
The TV news, newspapers and even chit chat at the local pub all concern the current global crisis affecting inflation; put another way the cost of living. Simply looking at the latest UK figures, The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.2% in the 12 months to June 2022, up […]
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When timeshare resorts lose their exclusivity
When timeshare was first conceived, not only did it offer a much higher standard of holiday accommodation but also one of the major selling points was exclusivity. In order to benefit from both advantages there was an expectation that a not inconsiderable sum would have to be paid for membership of such elite establishments. Furthermore, […]
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Fractional ownership, good or bad?
Fractional Ownership is essentially a “re-branding” of timeshare and first appeared, in the US in the early years of this century and gradually spread worldwide but take-up in Europe was, and still is, very sluggish. In the absence of any agreed (or legal) definition, in holiday terms fractional ownership appears to offer: – With a […]
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How Spain is killing the European timeshare industry
Much has been written on the subject of Spanish law 42/98 but little has been commented on the fallout from this seemingly simple piece of legislation. The law entered into statute on 5th January 1999 but for whatever reason the majority of the Spanish timeshare industry either didn’t understand or chose to ignore it, later […]
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Safety in numbers – Or is there?
We recently became aware of an interesting development in relation to a seemingly straightforward finance contract claim against Barclays Partner Finance (BPF) for the lending of funds to purchase a fractional timeshare with Club la Costa (CLC). The claim was presented on the grounds that a fractional contract was sold intimating that ownership would represent […]
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Club la Costa – More confusion?
Recently Club la Costa issued a marketing video featuring the founder and owner of the CLC resorts, Roy Peires being interviewed by journalist, television presenter and former BBC Royal Correspondent, Jenny Bond. The four minute video takes its primary focus of Mr Peires explaining the confusion surrounding the relationship between CLC and Wyndham. A considerable […]
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Is Club la Costa slowly disappearing?
Back in October last year we reported on what appeared to be an operational partnership between the mighty Wyndham group and Club la Costa well things are now starting to move at pace. CLC resorts are one by one being rebranded with Wyndham brands including signage etc. Whilst CLC World still has its own web […]
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Hilton Diamond acquisition change in points structure
Following the acquisition of Diamond Resorts by Hilton Grand Vacations the first noticeable difference has been announced in the form of an adjustment to the points required for HGV members to book into former Diamond resorts. In essence this is just an accounting exercise in order to bring the numerical Hilton points in line with […]
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Club La Costa (UK) Plc (In Administration) – Update
As we have reported previously, Club la Costa (CLC) owes tens of millions to former customers in legally awarded compensation due to ignoring Spanish consumer laws for well over a decade. The timeshare giant profited at the expense of its members, as have many other timeshare companies in Spain. For the last 6 years, the Spanish legal system has been […]
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